Jefferies Financial Group restated their buy rating on shares of The Sage Group (LON:SGE – Free Report) in a report published on Thursday morning, MarketBeat Ratings reports. Jefferies Financial Group currently has a GBX 1,400 ($17.76) price objective on the stock.
SGE has been the subject of a number of other reports. Shore Capital reiterated a hold rating on shares of The Sage Group in a report on Thursday, May 16th. Canaccord Genuity Group reaffirmed a sell rating and issued a GBX 970 ($12.30) target price on shares of The Sage Group in a research report on Friday, May 17th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, The Sage Group presently has a consensus rating of Hold and a consensus price target of GBX 1,178.33 ($14.95).
View Our Latest Stock Report on SGE
The Sage Group Trading Down 0.2 %
The Sage Group Cuts Dividend
The company also recently announced a dividend, which was paid on Friday, June 28th. Investors of record on Thursday, May 30th were paid a dividend of GBX 6.95 ($0.09) per share. This represents a yield of 0.58%. The ex-dividend date of this dividend was Thursday, May 30th. The Sage Group’s payout ratio is 7,692.31%.
Insider Activity at The Sage Group
In other The Sage Group news, insider Annette Court purchased 950 shares of the business’s stock in a transaction on Tuesday, June 18th. The shares were bought at an average cost of GBX 1,065 ($13.51) per share, for a total transaction of £10,117.50 ($12,834.58). 0.67% of the stock is currently owned by company insiders.
The Sage Group Company Profile
The Sage Group plc, together with its subsidiaries, provides technology solutions and services for small and medium businesses in the United States, the United Kingdom, France, and internationally. It offers cloud native solutions, such as Sage Intacct, a cloud accounting software product and financial management software; Sage People, a HR and people management solution; Sage 200, a finance and business management solution; Sage X3, a business management solution; Sage Accounting, a solution for small businesses, accountants, and bookkeepers to manage customer data, accounts, and people; Sage Payroll for small businesses manage their payroll; and Sage HR for small and mid-sized businesses for record management, leave management, staff scheduling, and expenses services.
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